A Bitcoin ATM is a kiosk that allows a person to purchase Bitcoin by using cash or debit card. Cryptocurrency Exchange Unocoin To Release Crypto ATMs In India News | October 11, By: David Pimentel. Bitcoin in India Nigeria Kenya to Spur Global ATM Market. Bitcoin kiosks are machines which are connected to the Internet allowing the insertion of cash in exchange for bitcoins given as a paper receipt .

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Harish BV, a co- founder of virtual currency exchange company Unocoin, that recently got fame for starting India’ s first bitcoin ATM in Bengaluru, has been arrested by Central Crime Branch police. It also blamed Kannada and some English news channel for circulating fake videos against ATM kiosk that led to the seizure.

Bitcoin ATM network Coinsource has installed 20 new machines in the southern US state of Georgia. 18 bitcoin ATMs have been installed in Atlanta, and two machines in the nearby university town of Athens.

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What is a Bitcoin ATM? A Bitcoin ATM is a machine that buys or sells bitcoins for cash.

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How Does a Bitcoin ATM Work? It works almost like the ATMs you use today. Bitcoin ATMs are a good way to buy bitcoins if you have one near you.

You can use Coin ATM Radar' s map to find locations. Bitcoin ATM Map, News and Information Contact us to add a Bitcoin ATM ( Or BTM!